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Indicateurs

WPR for Overbought and Oversold - indicateur pour MetaTrader 5

namakulabu
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Overbought and oversold indicators aim to determine where the price may experience a reversal. In the original wpr indicator, when we see the level -20, it is considered overbought. When the price reaches the overbought stage, a potential reversal downwards may occur, and we will take a sell position. Similarly, when oversold at the level -70, we may observe a reversal in direction for a buy position. 

If you like this indicator, I advise you to use it cautiously as I cannot guarantee your luck.

overbought oversold


overbought oversold

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Function of lot calculation by risk percentage

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Draws colored range boxes for the Asian, London, and New York sessions on any chart. Includes a stats panel showing average session ranges in pips and optional breakout alerts when price exits a session box.

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Function for closing positions and deleting orders